Can I retire at age 75 with 885,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $885,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$73,082$72,431$71,796$71,176$70,571$69,090
2 years$36,179$35,506$34,853$34,219$33,605$32,120
3 years$23,880$23,203$22,552$21,925$21,321$19,877
4 years$17,732$17,057$16,412$15,796$15,206$13,816
5 years$14,043$13,373$12,736$12,132$11,559$10,227
6 years$11,585$10,920$10,293$9,702$9,147$7,873
7 years$9,830$9,171$8,553$7,977$7,439$6,224
8 years$8,515$7,861$7,254$6,692$6,171$5,015
9 years$7,492$6,844$6,248$5,700$5,197$4,098
10 years$6,674$6,033$5,447$4,913$4,428$3,386
11 years$6,006$5,371$4,795$4,276$3,808$2,822
12 years$5,449$4,820$4,256$3,751$3,300$2,368
13 years$4,978$4,356$3,802$3,311$2,878$1,998
14 years$4,575$3,960$3,416$2,939$2,523$1,693
15 years$4,226$3,617$3,085$2,621$2,221$1,440
16 years$3,921$3,319$2,797$2,347$1,963$1,229
17 years$3,652$3,057$2,545$2,109$1,741$1,052
18 years$3,413$2,824$2,323$1,901$1,548$902
19 years$3,200$2,618$2,127$1,717$1,379$775
20 years$3,008$2,432$1,952$1,555$1,232$666
21 years$2,834$2,266$1,795$1,412$1,103$574
22 years$2,677$2,115$1,655$1,283$988$495
23 years$2,534$1,978$1,528$1,169$887$428
24 years$2,402$1,853$1,413$1,066$797$370
25 years$2,282$1,739$1,309$974$718$320
26 years$2,170$1,635$1,214$890$646$277
27 years$2,068$1,538$1,127$815$583$239
28 years$1,972$1,450$1,048$747$526$207
29 years$1,884$1,368$975$685$475$180
30 years$1,801$1,291$908$628$429$156
31 years$1,724$1,221$847$577$388$135
32 years$1,652$1,155$790$530$351$117
33 years$1,585$1,094$738$488$318$102
34 years$1,521$1,037$689$449$287$88
35 years$1,462$983$644$413$260$77
36 years$1,406$933$603$380$236$66
37 years$1,353$887$564$351$214$58
38 years$1,302$843$528$323$194$50
39 years$1,255$801$495$298$176$43
40 years$1,210$762$464$275$159$38
41 years$1,167$726$435$253$145$33
42 years$1,127$691$408$234$131$28
43 years$1,088$658$383$216$119$25
44 years$1,052$628$359$199$108$21
45 years$1,017$598$337$184$98$19
46 years$983$571$317$170$89$16
47 years$951$545$298$157$81$14
48 years$921$520$280$145$73$12
49 years$892$497$263$134$67$11
50 years$864$474$247$124$61$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 75 starting with $885,000, adding $6,032 every year, while hoping to spend $20,178 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 64/6/30 Blend
74$885,000$885,000$885,000$885,000
75$981,492$934,587$920,870$1,036,078
76$1,060,135$958,913$930,249$1,098,150
77$1,146,123$983,754$939,267$1,163,208
78$1,240,185$1,009,115$947,890$1,233,872
79$1,343,121$1,034,999$956,081$1,310,696
80$1,455,814$1,061,409$963,805$1,394,292
81$1,579,237$1,088,347$971,022$1,485,332
82$1,714,459$1,115,816$977,691$1,584,560
83$1,862,659$1,143,816$983,769$1,692,793
84$2,025,135$1,172,348$989,210$1,810,933
85$2,203,317$1,201,411$993,967$1,939,973
86$2,398,779$1,231,005$997,989$2,081,009
87$2,613,257$1,261,126$1,001,224$2,235,246
88$2,848,660$1,291,772$1,003,615$2,404,016
89$3,107,093$1,322,938$1,005,106$2,588,784
90$3,390,874$1,354,620$1,005,635$2,791,166
91$3,702,556$1,386,809$1,005,137$3,012,943
92$4,044,954$1,419,500$1,003,545$3,256,078
93$4,421,165$1,452,681$1,000,790$3,522,733
94$4,834,604$1,486,342$996,796$3,815,293
95$5,289,031$1,520,471$991,487$4,136,386
96$5,788,591$1,555,053$984,781$4,488,909
97$6,337,849$1,590,072$976,593$4,876,053
98$6,941,834$1,625,510$966,833$5,301,338
99$7,606,088$1,661,347$955,408$5,768,640
100$8,336,715$1,697,559$942,221$6,282,236